Zambia Commissions Kasenseli Mine
On November 17th, President Hakainde Hichilema officially commissioned the opening of the Kasenseli Mine, marking the first gold project implemented by the government through the Zambia Gold Company in partnership with the Chibwika Chiefdom Development Trust.
The project promises to reshape the future of gold mining in Zambia, contributing significantly to the local economy and creating numerous job opportunities. The Kasenseli Mine is a vital part of the government’s broader strategy to increase local community involvement and foster greater Zambian participation in the mining sector.
This new venture is expected to create 215 jobs during the initial exploration phase, with the workforce set to increase to 800 in the second phase. With an initial investment of K300 million, the mine’s production levels are anticipated to reach 100 kilograms of gold per year.
Additionally, the government has committed an extra K600 million to intensify exploration efforts and enhance production capacity, ensuring that Zambia becomes a competitive player in the global gold market.
Speaking at the commissioning ceremony, President Hichilema emphasized the importance of collaboration between the government, local communities, and private sector partners. He also reiterated the government’s commitment to promoting transparency, regulatory compliance, and sustainable development in the mining sector.
“The Kasenseli Mine represents more than just an economic project; it is a beacon of hope for the people of Mwinilunga and Zambia as a whole. This partnership is grounded in trust, shared objectives, and the collective goal of developing a sustainable mining industry that benefits all Zambians,” said President Hichilema.
